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Contribution margin ratio a. Coastal Company budgets sales of $1,180,000, fixed costs of $39,800, and variable costs of $177,000. What is the contribution margin ratio

Contribution margin ratio a. Coastal Company budgets sales of $1,180,000, fixed costs of $39,800, and variable costs of $177,000. What is the contribution margin ratio for Coastal Company? X % b. If the contribution margin ratio for Bushner Company is 28%, sales were $877,000, and fixed costs were $184,170, what was the operating income? X Feedback Check My Work a. Sales minus variable costs equals contribution margin. Contribution margin divided by sales equals contribution margin ratio. b. Sales times contribution margin ratio equals contribution margin. Contribution margin minus fixed costs equals income from operations.
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Contribution margin ratio Coastail Company budgets sales of $1,180,000, fixed costs of $39,800, and vatiable costs of $17,000, what is the contribution margin raba for Coastal Company? X.\% b. If the contribution margin ratio tor Bushner Company is 28%, sales were $877,000, and fixed costs were $184,170, what was the operating kicone? Tolod wiwad a. Sales minus variable costs cquals contribution margin Contribution margin divided br sales equals contribution margin ratio b. Sales times contribution margin ratio equals contribution thargin. Contritution margin minus fixed costs equals income from operations

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